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CBS
Feb 20, 2013 5:30pm PST
pay between late april and september. >> reporter: even then, the pentagon would still have to t find another $41 billion in savings during the last seven months of the fiscal year. of t internal pentagon documents show the army would have to stop bringing in equipment for overhaul at its maintenance depots, much of it badly in needer of repair after a decade of war. n the navy would shut down four of its nine carrier airwings. once shut down, it would take the airwings nine to 12 monthsga to regain their full fightingcape capability. and that's just for the rest of this fiscal year. if the budget crisis is not resolved, a new round of furloughs and cuts would begin with the start of the next fiscal year on october 1. >> pelley: david, thank you. and like we said, it's not just the defense budget. every federal agency is facing a the knife, and we asked chip w reid to fill us in on that. >> reporter: the f.b.i. says the budget cuts would require all employees, including special agents, to be furloughed for up to 14 days. jan fedarcyk is the former head of the f.b.i.'s new york fi
CBS
Feb 21, 2013 7:00am PST
of the 800,000 civilians who work for the pentagon. >> this is not a beltway phenomenon. on our civilians it will be catastrophic. >> reporter: civilians like sue ann fallenberg a single mom and administrative assistant at a naval school 3,000 miles away from washington in monterey california. >> i would have to get a part-time job to support my family. >> reporter: she is worryied about the 20% pay cut if she's furloughed or put on involuntary pay one day a week. >> can you reduce the rent for 20%? i can't say that. >> reporter: and it's not just cuts to the pentagon dozens of agencies including the fbi will also have to make difficult choices. >> the fbi would be in the position of having to evaluate where those reductions can come from, and that may impact in the national security arena. >> reporter: the president will continue in coming days to highlight the hardships to individuals and to the public at large if the cuts take place. democrats congressional campaign committee also goes on the offensive today. they will accuse republicans of risking 700,000 jobs in order to pr
CBS
Feb 21, 2013 4:00am PST
chief's pentagon budget officer says the furlough will save the government $4 billion to $5 billion, but president obama says the cuts should be made elsewhere. >> there's no reason they should be furloughed or laid off. >> president obama is trying to pin the blame for the last-minute budget crisis on congress and with both chambers on recess this week he has the stage here in washington all to himself. >> i'm hoping while they're back home, they're hearing it from their constituents so when they get back here, they're ready to do some work and we can avoid these automatic spending cuts. >> but congressmen back home may not be getting the earful the president's hoping for. while nearly half of the americans want to avoid it less than 40% want to let it happen and some of capitol hill agree with the 40%. >> not only should the sequester stand. many pundits say the sequester falls short. >> if the cuts kick in, that same poll shows more people would blame republicans in congress than the president. now some areas these budget cuts will not affect social security medicare, medicaid, a
Search Results 0 to 2 of about 3